"South Korea Consumer Electronics Report Q1 2014" Is Now Available at Fast Market Research
Although the South Korean consumer electronics is mature, meaning growth rates will be below those of emerging markets, we have a positive medium term outlook and forecast spending will grow by about 5.4% in US dollar terms during 2013 to $US13.7bn, from US$13.0bn in 2012. In the short term, high household debt levels will be a constraint on consumer spending and high penetration rates mean there are limited first-time buyer opportunities. However, consumer appetite for innovative products means we have...
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